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Deutsche Bank’s London branch fined £165,000 for breaching Russia sanctions
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Energy bills to jump by £209 from July as households continue to be hit by fallout of Iran war
British households are facing another major increase in energy bills after analysts forecast that the Ofgem price cap will rise by £209 a year from July.The cap is now expected to climb 13 per cent, from the current annual level of £1,641 to £1,850, according to energy consultancy firm Cornwall Insight.That figure is higher than last month’s forecast, when analysts predicted a £196 rise.Ofgem, which will confirm the new cap on May 27, puts limits on what suppliers can charge per unit of gas and...
HS2 could cost more than £100bn and may not open until 2039, says minister
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The New Vendor Due Diligence: Why Your Enterprise Buyer Will Ask About Agentic Governance
InnovationThe New Vendor Due Diligence: Why Your Enterprise Buyer Will Ask About Agentic GovernanceByAjay Pundhir,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 19, 2026, 08:45am EDTAjay Pundhir, senior AI leader & founder of AskAjay.ai. Believes AI should amplify human expertise, not replace it. gettyOn March 30, California Governor Gavin News...
Portugal name World Cup squad: Cristiano Ronaldo set for sixth tournament
Cristiano Ronaldo has been named in his sixth World Cup squad as part of an initial 27-man Portugal group for this summer’s tournament.No male footballer has ever appeared at six World Cups but Ronaldo, barring injuries, will achieve the feat in the coming weeks. Lionel Messi will join him with six appearances if called up by Argentina.Advertisement
Four Fuel Price Cuts In 4 Years: Centre After Price Hike
Most nations passed the burden of these elevated prices onto consumers. But India adopted a distinct policy, striving to maintain stability and implement retail price cuts for petrol and diesel, sources said.
NYSE’s Owner Plans Its Own Futures Market for Computing Power
Intercontinental Exchange Inc., owner of the New York Stock Exchange, is adding futures contracts for computing power as the market for tracking the price of what’s driving AI technology continues to develop.
Moving Beyond Fixed Pricing Through Usage-Led Subscriptions
InnovationMoving Beyond Fixed Pricing Through Usage-Led SubscriptionsByKashif Saleem,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 19, 2026, 08:30am EDTKashif Saleem is the Founder and CEO of SubscriptionFlow, an AI-native billing engine built to optimize recurring revenue operations. gettySubscriptions have traditionally been associated with r...
Is AI gunning for your job? The truth is far from white & blue
AI adoption is reshaping the job market, with significant tech job cuts reported and AI capable of performing a substantial portion of the US labor market's work. While AI automates tasks rather than eliminating entire jobs, younger workers in entry-level roles are disproportionately affected.
EDP CEO on War Impact, Data Center Demand
Miguel Stilwell d'Andrade, CEO of Portuguese utility, EDP, discussed the impact of the Iran war on energy markets, a renewed push for European energy independence and growing demand for energy from data centers. Stilwell d'Andrade joined Anna Edwards, Guy Johnson and Tom Mackenzie on Bloomberg's The Opening Trade. (Source: Bloomberg)
Home Depot Sales Fall Short as Shoppers Defer Projects
Home Depot missed sales expectations at locations open at least a year, rising 0.6% in the latest quarter, as muted housing demand and high borrowing costs limited consumer spending on improvement projects. Drew Reading of Bloomberg Intelligence has more. (Source: Bloomberg)
Senegal In Arrears With Arab Development Bank as Debt Woes Grow
The Arab Bank for Economic Development in Africa told investors last week that Senegal is in arrears with the lender, people familiar with the matter said, adding to signs of mounting financial strain on the government.
US Premarket Movers for May 19, 2026
S&P 500 Index futures fall 0.4% as of 7:42 a.m. in New York as investors weigh the balances of market positioning, profit taking, rotation and dip buying in the absence of significant macro events since the close on Monday.
Petrol hits highest price since start of Iran war
The average price of unleaded has risen to 158.52p a litre, according to the RAC, who warn that it could rise further in the coming weeks.
Standard Chartered to cut 7,800 jobs across India, China and other hubs
Standard Chartered will cut about 7,800 jobs by 2030, roughly 15 per cent of its corporate functions, with back-office hubs in Bengaluru, Chennai, Shenzhen and Warsaw hardest hit. CEO Bill Winters said the Asia-focused bank is replacing "lower-value human capital" with AI and automation, as StanChart targets an 18 per cent return on tangible equity by 2030 and higher income per employee.
Why Are Your Customers Leaving In Silence?
InnovationWhy Are Your Customers Leaving In Silence?ByHamid Farooqui,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 19, 2026, 07:30am EDTHamid Farooqui is a serial entrepreneur, cofounder and CEO of experience management company Sogolytics and CTO of K12 Insight. gettyThere is a widespread assumption in customer experience that the most at-risk...
Why Oil Price Spikes Cause Recessions But High Prices Don't
LeadershipLeadership StrategiesWhy Oil Price Spikes Cause Recessions But High Prices Don'tByBill Conerly,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Bill Conerly connect the dots between the economy ... and business!Follow AuthorMay 19, 2026, 07:30am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Oil tankers in the Strait of Hormuz. (Photo by Asghar Besharati/Getty Images)Getty...
Greene King to sell Old Speckled Hen brands to Spanish brewer
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Petrol prices reach highest level of Iran oil crisis
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AI Moving From ‘Hype’ to Real Execution, JPMorgan’s Brunner Says
Enthusiasm for artificial intelligence is no longer just rosy predictions about the future, with the technology now making significant real-world impacts, according to Kevin Brunner, JPMorgan Chase & Co.’s global chair of investment banking and mergers and acquisitions.